New York, September 8, 2022 – BlackRock Advisors, LLC announced today that the Board
of Directors of BlackRock Income Trust, Inc. (NYSE:BKT) (the “Fund”) approved a 1-for-3
reverse stock split of the Fund’s common stock.
The Fund anticipates completing a 1-for-3 reverse stock split prior to the open of trading
on the New York Stock Exchange (the “NYSE”) on October 18, 2022 for common
stockholders of record as of the close of business on October 17, 2022. Trading in shares
of the Fund's common stock on a split adjusted basis is expected to begin at the open of
trading on the NYSE on October 18, 2022. Shares of the Fund's common stock will
continue trading on the NYSE under its existing ticker symbol (NYSE:BKT), but will be
assigned the new CUSIP number below.